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In the world of mortgage lending, accessibility is key. Our digital mortgage platform is designed with your convenience in mind. You can apply for a mortgage, upload documents, and track your loan progress online, all from the comfort of your home. We've created an engaging digital experience that puts you in control, ensuring that you can manage your mortgage application at your own pace, 24/7. Conventional Loan Underwriting , Mortgage Broker Sacramento , Top 5 Mortgages , We understand that creditworthiness can be a concern for many borrowers. That's why we offer credit counseling services to help you improve your credit score and secure better loan terms. By providing valuable insights and tailored guidance, we aim to engage potential borrowers who might initially be unsure about their eligibility. We're here to empower you to take control of your financial future.
– AAA Lendings Portfolio Program – AAA Lendings Detail:

Portfolio Program

Overview

Portfolio Bank Statement
Portfolio DSCR
Portfolio Foreign National DSCR

* Retail Only

Details

1) 5/6 ARM 30 Day Average SOFR (5/1/5);
2) Buydown ratio under par 1:2;
3) Range of Loan Amount $500,000 – $5,000,000.

* Buyup ratio over par unacceptable

 Portfolio Bank Statement 

1) UW Fee $1495 & Processsing Fee $845;

2) Trust/Entity Review Fee $300, if applicable;

3) Bank Statement Income Max. LTV 65%;

4) Bank Statement – Interest Only Max. LTV 60%;

5) Min. Loan Amount $500,000;

6) Foreign National – Not Eligible;

7) 18-Month Pre-Payment Penalty is equal to 6 months interest;

8) Min. 12 months PITIA on subject property as the reserves;

9) Exception: case by case for loan amount ≤ $500k with 0.5 adjusted to fee.

 

 Portfolio DSCR 

1) UW Fee $1495 & Processsing Fee $845;

2) Trust/Entity Review $300, if applicable;

3) Min. Loan Amount $500,000;

4) Foreign National – Not Eligible;

5) Min. DSCR 1.000;

6) Loan Made to Natural Person – No Entity Borrowers;

7) 2-4 Unit Property is Eligible and 5% Reduction in Max. LTV/CLTVs on Matrix;

8) 18-Month Pre-Payment Penalty is equal to 6 months interest;

9) Min. 12 months PITIA on subject property as the reserves;

10) Exception: case by case for loan amount ≤ $500k with 0.5 adjusted to fee.

 

 Portfolio FN DSCR 

1) UW Fee $1495 & Processsing Fee $845;

2) Trust/Entity Review $300, if applicable;

3) Foreign National Review $250;

4) Min. Loan Amount $500,000;

5) Min. DSCR 1.000;

6) Interest Only – Not Allowed;

7) Power of Attorney – Not Allowed;

8) Pre-Payment Penalty (Investor only) is 18 months and equal to 6 months interest.

9) Min. 12 months PITIA on subject property as the reserves;

10) Exception: case by case for loan amount ≤ $500k with 0.5 adjusted to fee.

How to Calculate Portfolio DSCR?

DSCR shall be calculated as follows: DSCR = *Net Rental Income ÷ Qualifying Monthly Payment (P and I only);

*Net Rental Income = Gross Rents * (1 – Expense Factor);

Expense Factors: Property without HOA = 25%, Property with HOA = 30%;

Rent will be the lesser of: Current lease income or the amount on the 1007 provided by the appraiser showing the estimated market rent schedule.


Product detail pictures:

– AAA Lendings Portfolio Program – AAA Lendings detail pictures


Related Product Guide:

Our commitment to transparency goes beyond the initial stages of the mortgage process. We ensure that you have a clear understanding of your mortgage terms, including interest rates, fees, and closing costs. There are no surprises on the closing day. We're dedicated to providing you with straightforward, jargon-free explanations, so you can confidently navigate the financial aspects of your home purchase or refinance. – AAA Lendings Portfolio Program – AAA Lendings , The product will supply to all over the world, such as: New Orleans , Manila , Seychelles , We warmly welcome you to come to visit us personally. We hope to establish a long-term friendship based on equality and mutual benefit. If you want to get in touch with us, please do not hesitate to call. We will be your best choice.
  • The factory workers have rich industry knowledge and operational experience, we learned a lot in working with them,we are extremely grateful that we can encount a good company has excellent wokers.
    5 Stars By Zoe from Amsterdam - 2017.03.07 13:42
    The factory workers have a good team spirit, so we received high quality products fast, in addition, the price is also appropriate, this is a very good and reliable Chinese manufacturers.
    5 Stars By mary rash from Sri Lanka - 2018.09.16 11:31